Jim and Katharine Miller Diehl, a couple from Florida, pursued their dream of living in Spain by investing in a condo as part of the golden visa program. However, they faced an unexpected urgency when the Spanish government announced plans to end the visa program soon to address a housing crisis. With a tight deadline approaching, the couple rushed to formalize their residency application, illustrating the challenges and uncertainties foreign buyers may face amidst changing immigration laws.
The couple from Florida ensured they would apply for Spain's golden visa program, which granted residency rights to foreigners buying property worth at least 500,000 euros.
Last year, the Spanish government abruptly announced that it would stop issuing visas by investment, as part of new measures to combat a local housing crisis.
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